On this chart pattern, you can see Bitcoin Market Cap Domination which in my opinion is moving on a rising wedge. With the latest pump, BTC.D held the lower support trendline and is yet to touch the upper resistance trendline. Expecting it firstly to move on the upside and then to get refused on the 57.5%-58% upper resistance trendline, lose the support...
Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse from this level to the 1st support. Pivot: 3,082.23 1st Support: 2,963.76 1st Resistance: 3,181.69 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
As the cryptocurrency market gears up for a potential alt season, savvy investors are positioning themselves to capitalize on the gains of altcoins. This article will explore six promising altcoins and the significance of sector diversification in maximizing returns. Be Greedy When Others Are Fearful, Fearful When Others Are Greedy: This timeless adage by Warren...
We have shorted the distribution off supply and await a return to zone followed by a continuation down. If you missed the initial short, you may get a 2nd opportunity during the asia hours. For the next play we are watching the old demand range for a reaction if there is still no reaction then we chill and wait to see what happens at the bottom of the range....
Now that all of the speculations are pointing to the approval of the Ethereum ETFs , along with the positive CPI reports this week, it's safe to assume that we're about to break out of the current accumulation period. After +60 days of correction, everyone is eager to explore the potential of the next bull-run, so let's delve right into it. HOLD YOUR BREATH! ...
ETHUSDT is recovering after a long consolidation. As BTCUSDT has grown substantially after a weak inflation publication yesterday, ETH is still lagging, and the spread between Bitcoin and Ether has reached the extremely "overbought" zone, pointing to a potential of a rotation to ETH from BTC. Overall market conditions stay bullish, as inflation is declining:...
To make the bullish continue BTC needs to hold above 65K or else it goes for the retest of EMA200 around 63000-63500 in 4H.Daily closing also interesting to watch.
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring IMXUSDT for a buying opportunity, IMXUSDT UPDATE In 12H Timeframe, Bearish pennant Breakout is Done & Now ready for good bullish wave 💹 Here it has maximum chance we can see price around 3.3000$💸💯🚀
We are back with Solana coin, where we see that another attempt of breakout has turned successful and price has broken the resistance. We now keep an eye on that broken zone, as we have two possible scenarios from here: 1) If we secure current zone, then we will move further to upper zones (towards next resistance) 2) If we fail to secure and have a fakeout...
CRYPTOCAP:PEPE is a great meme coin, and I am very bullish on it. If you believe in the power of community, then CRYPTOCAP:PEPE should be in your portfolio. Why CRYPTOCAP:PEPE is a great investment: Circulating Supply: 420,689,899,999,994 PEPE Maximum Supply: 420,690,000,000,000 PEPE CRYPTOCAP:PEPE is everywhere; it is a genuine meme, posted on Twitter...
We are back with Cardano, where price is yet again rejecting that upper trend line (which is close to 100EMA). We are looking for price to move now toward lower zone of that triangle pattern from where we expect some sideways movement to happen (and eventually a breakout or a breakdown). Swallow Team
It was a good day for crypto yesterday, but does it have enough momentum to continue the journey up? Volume on the daily still trending down (yesterday was a nice but overall still on the lower side) Could see a retest of the EMA 20 area (63500) if it bounces then we probably won't see the 50's again in 2024 or maybe never again....But, if the retest fails, the...
TRB recent series of surges caught everyone by suprise. It has risen an impressive 500% in just 3 months. It has undergone muted correction from its peak at 67 before trimming back to 40 levels. Now it's ascend journey has reset so-to-speak with 4h metrics suggesting higher lows and net buying activity at the current range conveying preparation to retest...
I'm going to short PEPE. Memecoins are in distribution phase. This structure looks like an easy short. Tp 0.0000055 Tp 0.0000036 Tp 0.0000000
ETH the second largest cryptocurrency has maintain its crucial 3000$ level and now moving towards 4000$. if it breaks through 3500 soon we will see the significance movement
Trade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: It bounced off of $80 support and could approach $100 but it’s a higher risk trade setup since overall trend is down. Price needs to break back above 200-day MA (~$100) to resume its...
Keep an eye on the #TURBO/USDT diagonal Trendline in 4-Hour TF! MYX:TURBO needs to hold PMH $$0.00985 as support to turn bullish. Looking heavy to me. Wait for Breakdown to shorten it.